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Nayland Road, Mile End, Colchester - Image 1
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Nayland Road, Mile End, Colchester

East of England

£400,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This distinguished detached residence in Mile End presents a unique opportunity for renovation and redevelopment. Having served as a doctor's surgery for over fifty years, this property holds historical significance and is now ready for its next transformative phase. The generous accommodation includes three double bedrooms, three reception areas, and two kitchens, all of which are currently in need of substantial modernization. This opens the door to reconfiguring the layout or restoring it back to a family home, depending on your vision and local authority approvals. The plot size offers considerable potential for expansion or further development, subject to planning permissions. A solid foundation exists here not just as a residence but as an investment that can be tailored to suit contemporary living while preserving the character of this landmark property. With no onward chain, the chance to create something special is readily available in this highly convenient area.

Investment Analysis

(CO4 area)
Area Average
£334/sq ft
Avg Rent (weekly)
£326
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (CO4)

Area prices are rising by +4.5% over the last 12 months
3 year growth: +3.9%
5 year growth: +12.9%
Investment Disclaimer: Analysis based on CO4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Nayland Road, Mile End, Colchester
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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